29 May 2020

COVID 19 UPDATES

Information for property owners and managers

 

The COVID-19 pandemic is a difficult time for many tenants and property owners and managers.
 
The Queensland Government has recently passed laws to implement the National Cabinet’s temporary six-month freeze on evictions, which have now been implemented in every state and territory.
 
Under the COVID-19 freeze on evictions, tenants who are significantly impacted by COVID-19 cannot be evicted or listed in a tenancy database if they have suffered a loss of income of 25% or more, or the rent payable is now 30% or more of their household’s income.

For tenants experiencing financial hardship due to COVID-19, fixed term agreements due to expire during the COVID-19 pandemic must also be extended to 30 September 2020 unless the tenant requests a shorter term.